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Right now I like you to think of the American dream that's for stocks.
Look how far these stocks have moved from the respective 52 week lows first Children's Place now they sell children's clothing.
Then there's PetSmart up 83%.
That's the dream home hopefully up 293%.
You'll also meet the so called white picket fence Lumber Liquidators up 224%.
-- -- a company announced Keith FitzGerald with money map press.
Came the American dream at least in the stock market seems to be alive and well as there's some sort of disconnect from them these amazing moves and reality.
Yeah I think there is as you well know this market is operating in a tremendous reality distortion field that is prompted by -- federal meddling Central Bank -- guidance and malfeasance and Wall Street.
So I think what's happened here is some of these stocks have gotten ahead of themselves reality does not bear out these numbers and what you're seeing is a big move based on people who were desperate for some -- speculative play in to catch up on returns.
It does seem -- that you know we -- less -- than we've ever -- before -- rates have gone down you know home foreclosures are just abysmal.
In the last three or four years and still.
These stocks have made a huge move now what about the old notion though.
That the stock market was a -- looking indicator that perhaps it's saying that the American dream is on the cusp of returning.
Well I don't know what to make of that but let me point out something interesting here is an indicator is called the score -- indicator and that sounds like pseudoscience but it actually comes from Wharton economist Robert Taylor 1926.
Women skirt -- right now at 33 inches are the longest they've been since the Great Depression.
We don't know about where the stock markets leading or lagging but we do know it's a reflection mass psychology.
What this tells us according to studies that have gone all the way since 1926.
Is that hem lines tend to pre seed mass psychological reflections of the economy.
That means we've got two to three years of conservative behavior head of -- Victoria Beckham is rocking along look.
Eva Longoria Madonna any of these these celebrity women are taking longer more concerted skirts the fashion shows in Berlin Paris and align our United States.
Are all showing longer more conservative -- so I would take that over the market getting ahead of itself he FitzGerald man thanks level love having almost see you next week thanks.
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